Luna Innovations Inc expected to post earnings of 6cents a share - Earnings Preview

Luna Innovations

09/11/2022 02:19

* Luna Innovations Inc  LUNA.OQ   LUNA.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
10. 
    * The Roanoke Virginia-based  company is expected to report 
a
43.4% increase in revenue to $29.15 million from $20.33 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on August 11
2022, for the period ended September 30, was for revenue between
$28.00 million and $30.00 million.
    * ​Refinitiv's mean analyst estimate for Luna Innovations
Inc is
for earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Luna
Innovations
Inc is $10.38​, above​ its last closing price of $5.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.04        0.03       -0.02     Missed  -160.6
 Mar. 31 2022  0.01        0.01       0.05      Beat    275.1
 Dec. 31 2021  0.04        0.04       0.08      Beat    80.5​
 Sep. 30 2021  0.08        0.08       0.03      Missed  -63.4
 ​​Jun.        0.06        0.06       0.06      Met     5.9
 30 2021                                                
 Mar. 31 2021  0.04        0.05       0.03      Missed  -35.7​
 Dec. 31 2020  0.05        0.08       0.10      Beat    30.4
 Sep. 30 2020  0.05        0.05       0.13      Beat    143.8
 This summary was machine generated November 9 at 02:19 GMT.  All
figures in US dollars  unless otherwise stated